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JMD Ventures informs about company updates

30 May 2018 Evaluate

JMD Ventures has informed that the JMD Medicos, Subsidiary of JMD Ventures has entered into strategic agreement with Neolab Biotech Industries, a proprietorship firm for an investment of Rs 100.00 Lakh into the Company with a profit sharing to the extent of 95% of net profit of said firm. Neolab Biotech Industries is into the business of ayurvedic medicine production was a supplier to the Company prior to entering into the agreement.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
PVR Inox 1567.90
Saregama India 620.90
Shemaroo Entertain. 95.00
UFO Moviez India 61.83
Tips Music 768.85
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